Loan Servicing Manager Iii

Year    Bangalore, Karnataka, India

Job Description


:J.P. Morgan is a leading global financial services firm, established over 200 years ago. We are the leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. We have assets of $2.5 trillion and operations worldwide. We operate in more than 100 markets. We have more than 243,000 employees globally.J.P. Morgan in India provides a comprehensive range of Corporate & Investment Banking, Commercial Banking, Asset & Wealth Management, and corporate functions services and solutions to our clients, executing some of the most important financial transactions and providing essential strategic advice to our clients such as the government, large domestic and multi-national corporations, non-government organizations and financial institutions and investors. India is a key market for JPMorgan Chase globally and our employees in India are a critical part of how we do business globally and are integrated within our businesses. Our Corporate Centers are strategically positioned in Mumbai, Bangalore and Hyderabad to support the firm\'s operations regionally and globally. The centers provide comprehensive strategic support across technology and business operations processing to all lines of business and the corporate functions.COMMERCIAL BANKING - LOAN AND AGENCY SERVICES DESCRIPTION - Deal set up, Servicing, Secondary Loan Trading SettlementsThe CB - Loan Operations team is responsible for servicing a portfolio of syndicated (Agency and Non-Agency) loans across 12 geographies in Asia, 6 in EMEA and the region of North America. The team also provides support to Secondary Loan Trading Settlements and Deal Set-up. Support is provided for the held to maturity and held to sale portfolios for the Commercial and Investment customers of the bank. Servicing involves deal set up, processing new and subsequent draws, pay downs, rollovers, interest and fees application, sub-participation support. Given global nature of the service delivery, the team provides 24/5 business support and partners with internal & External stakeholders across the globe, cutting across various time zonesVice President - Loan & Agency- Wholesale Lending ServicesRoles & Responsibilities:The Vice President is a key position within the Loans group. Candidate is expected to deliver on the specific tasks and requirements. These tasks will include the following functions:

  • Manage the professional development of staff through all levels of their organization
  • Responsible for resolving escalations and primary point of contact for upstream business partners
  • Responsible for designing and implementing Organizational objectives across all levels
  • Partner with business & legal teams to improve partnership and collaboration on new deals
  • Partner with technology teams to improve existing processes and develop new technologies
  • Drive a robust control focused organization focused on limiting risks, support audits and other testing as applicable
  • Champion team accomplishments, drive team culture and comradery
  • Maintain high levels of engagement with the Lenders, Credit executives/Underwriters, Client service executives and Bankers
Eligibility:
  • Bachelor\'s degree with a minimum of 15+ Years of relevant Loan Servicing work preferably for syndicated loans or experience in a back office/financial industry
  • Loan operations experience is preferred
  • Candidates with knowledge of loan systems like Loan IQ will hold an added advantage
  • Candidates must have knowledge of nostro/cash matching, General Ledger reconciliation and SWIFT and remittance systems
  • Strong problem solving and investigative skills to undertake analysis, resolve issues/problems related to the process
  • Strong risk & control mindset
  • Knowledge of investment banking products including Loans
  • Experience in driving small to medium sized projects with strong results
  • Strong people and performance management skills.
  • Strong escalation management skills
  • Chair Business Review meeting with executives across the various business supported
About Us:JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world\'s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants\' and employees\' religious practices and beliefs, as well as mental health or physical disability needs. Visit our for more information about requesting an accommodation.About the Team:Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.Operations teams develop and manage innovative, secure service solutions to meet clients\' needs globally. Developing and using the latest technology, teams work to deliver industry-leading capabilities to our clients and customers, making it easy and convenient to do business with the firm. Teams also drive growth by refining technology-driven customer and client experiences that put users first, providing an unparalleled experience.

JPMorgan Chase

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Job Detail

  • Job Id
    JD3360843
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year